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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
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Crypto Market Rallies After US Fed Rate Cut, Bitcoin Rises to $117,300
Bitcoin held around $117,300 (roughly Rs. 1.03 crore) on Thursday after the US Fed delivered a 25 basis points rate cut, while Ethereum advanced to $4,500 (roughly Rs. 3.9 lakh). Altcoins such as Solana, BNB, and Dogecoin also gained, reflecting cautious optimism. Analysts say capital rotation toward altcoins and fresh liquidity from money markets ...
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BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
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Visiting Beijing For The First Time? 7 Best Things You Must See
If you want to experience a mix of modern and ancient Chinese cultures, Beijing, the capital city, is the place to be.
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Health Ministry Official Duped Of Rs 27 Lakh In Currency Trade Scam, Case Filed
An senior official of the Union Health Ministry was allegedly duped of Rs 27 lakhs under the pretext investing his money into the currency market, Delhi police officials informed on Wednesday.
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"We're Flattered, But Not True": Burger Singh On Rs 47 Crore Fundraise Claim
"If listing a share offer means we've raised the money, then by that logic, every bachelor on Shaadi.com is already married," says Kabir Jeet Singh, Founder and CEO, Burger Singh.
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Manali Zipline Mishap: Is Adventure Tourism In India Worth Your Money?
As more Indians seek thrill-filled holidays, the infrastructure, regulatory mechanisms, and safety checks have not always kept pace
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Why GenZ Is Sharing Personal Data With Companies Willingly
A significant portion of Gen Z is open to sharing personal data, with 88% willing to share information with social media companies in exchange for incentives. This demographic shift is changing the way companies approach data collection.
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Investors Kidnap Stock Trader In Odisha After Losing Money In Market Downturn
A group of investors allegedly kidnapped a stock market trader from Odisha's Cuttack after he failed to repay them their money, police said.
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KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
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EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
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Investors Lose Rs 24.69 Lakh Crore In Wealth After 4 Days Of Market Slump
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market.
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"Real Money Is With...": Zerodha's Nithin Kamath Names 2 Cities Behind 80% Of Equity Delivery Trades
In November 2024, Mumbai accounted for 64.28% of equity trade deliveries, while Ahmedabad contributed 17.53% to equity delivery trades during the same period.
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"Motorbike-Sized" Tuna Sells For More Than Rs 11 Crore At Tokyo Auction
The Onodera Group, which includes Michelin-starred sushi restaurateurs, paid 207m yen for the 276-kilo bluefin tuna. This is the second-highest price ever paid at the annual New Year auction.
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How Much Money Do You Need To Afford A House In US
Want to buy a home in the United States? Well, think about it only if you earn at least $1,08,000 (around Rs 91.15 lakh) or more, a report said.
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RBI to Introduce Pilot for Deposit Tokenisation Using CBDC Layer: Report
The Reserve Bank of India is set to begin a pilot for deposit tokenisation, leveraging the wholesale CBDC as its base. The initiative will test blockchain-based deposits for improved speed, security, and transparency in regulated financial markets. Officials also plan to explore tokenising money market instruments, including commercial papers, as p...
-
Crypto Market Rallies After US Fed Rate Cut, Bitcoin Rises to $117,300
Bitcoin held around $117,300 (roughly Rs. 1.03 crore) on Thursday after the US Fed delivered a 25 basis points rate cut, while Ethereum advanced to $4,500 (roughly Rs. 3.9 lakh). Altcoins such as Solana, BNB, and Dogecoin also gained, reflecting cautious optimism. Analysts say capital rotation toward altcoins and fresh liquidity from money markets ...
-
BCCI Says Crypto, Real Money Gaming Platforms Can’t Bid for Team India’s Title Sponsorship
The BCCI has barred cryptocurrency and real money gaming firms from bidding for the Indian cricket team’s lead sponsorship rights. The decision reflects increasing regulatory scrutiny of crypto promotions in India, with SEBI previously targeting misleading celebrity endorsements. The move marks a significant setback for crypto adoption, cutting o...
-
Visiting Beijing For The First Time? 7 Best Things You Must See
If you want to experience a mix of modern and ancient Chinese cultures, Beijing, the capital city, is the place to be.
-
Health Ministry Official Duped Of Rs 27 Lakh In Currency Trade Scam, Case Filed
An senior official of the Union Health Ministry was allegedly duped of Rs 27 lakhs under the pretext investing his money into the currency market, Delhi police officials informed on Wednesday.
-
"We're Flattered, But Not True": Burger Singh On Rs 47 Crore Fundraise Claim
"If listing a share offer means we've raised the money, then by that logic, every bachelor on Shaadi.com is already married," says Kabir Jeet Singh, Founder and CEO, Burger Singh.
-
Manali Zipline Mishap: Is Adventure Tourism In India Worth Your Money?
As more Indians seek thrill-filled holidays, the infrastructure, regulatory mechanisms, and safety checks have not always kept pace
-
Why GenZ Is Sharing Personal Data With Companies Willingly
A significant portion of Gen Z is open to sharing personal data, with 88% willing to share information with social media companies in exchange for incentives. This demographic shift is changing the way companies approach data collection.
-
Investors Kidnap Stock Trader In Odisha After Losing Money In Market Downturn
A group of investors allegedly kidnapped a stock market trader from Odisha's Cuttack after he failed to repay them their money, police said.
-
KuCoin Pleads Guilty, Agrees to Pay Nearly $300 Million in US Crypto Case
KuCoin has pleaded guilty on Monday to operating an unlicensed money transmitting business. Prosecutors said Seychelles-based KuCoin had been used to facilitate billions of dollars of suspicious transactions, and to transmit potential criminal proceeds including from darknet markets and malware, ransomware and fraud.
-
EU’s ESMA Sets Deadline for Crypto Service Providers to Restrict Non MiCA-Compliant Stablecoins
The European Securities and Markets Authority (ESMA) of the EU has asked crypto-asset service providers (CASPs) to put such procedures in place that can assess the compliance of ARTs and electronic money tokens (EMTs) with MiCA. Those found to be non-compliant must be restricted from being circulated, the ESMA has said.
-
Investors Lose Rs 24.69 Lakh Crore In Wealth After 4 Days Of Market Slump
Investors lost Rs 24.69 lakh crore in market valuation in the last four days of severe drubbing in the equity market.
-
"Real Money Is With...": Zerodha's Nithin Kamath Names 2 Cities Behind 80% Of Equity Delivery Trades
In November 2024, Mumbai accounted for 64.28% of equity trade deliveries, while Ahmedabad contributed 17.53% to equity delivery trades during the same period.
-
"Motorbike-Sized" Tuna Sells For More Than Rs 11 Crore At Tokyo Auction
The Onodera Group, which includes Michelin-starred sushi restaurateurs, paid 207m yen for the 276-kilo bluefin tuna. This is the second-highest price ever paid at the annual New Year auction.
-
How Much Money Do You Need To Afford A House In US
Want to buy a home in the United States? Well, think about it only if you earn at least $1,08,000 (around Rs 91.15 lakh) or more, a report said.
